Procter&Gamble

Procter & Gamble is going to invest RUB 900 million in its Gillette factory modernization The agreement was signed today, June 4, at the St. Petersburg International Economic Forum by P&G Vice President Eastern Europe, and Maksim Sokolov, Vice Governor of St. Petersburg.

04 June 2021
Kommersant

Procter & Gamble has launched a feminine hygiene production line at its plant in Novomoskovsk, Tula Region, for the expansion and upgrade of its local production facilities in Russia. The expansion is part of P&G’s strategic investment plan that was presented at the St. Petersburg International Economic Forum in 2019. The total investment announced by P&G is ca. RUB 2.5 billion, much of which has been spent for a local production line to manufacture feminine products under the Discreet brand name.

16 September 2020
https://business-post.ru

Procter & Gamble invested RUB 2.5 billion in the establishment of a distribution center near Tula. This news is reported in the statement of the company.

“A single P&G distribution center in Novomoskovsk has been built and is being prepared for opening. The total investment in the establishment of the company’s largest logistics center in Europe has reached RUB 2.5 billion,” the statement says.

30 June 2020
TASS

Procter & Gamble is exploring the possibility of producing facial masks and hand sanitizers in Russia, the company’s press service said to TASS.

01 April 2020
TASS

The document was signed by Vyacheslav Fedorishchev, First Deputy Governor of the Tula Region, and Sotirios Marinidis, Vice President of Procter & Gamble in Eastern Europe and Central Asia. The agreement involves the implementation in the Tula region of an investment project to create new production lines, as well as the modernization of the existing production company. We are talking about an investment of 2 billion 400 million rubles.

06 June 2019
https://www.tulapressa.ru/

One of the largest distribution centers of Procter&Gamble in Europe will appear in Novomoskovsk, Tula Region. The solemn start was given to the project on Wednesday in celebration of the 25th anniversary of the company's plant located in the region.

10 October 2018
TASS

The American Procter & Gamble (P&G) will invest RUB 3 bln in establishment of a distribution center in Novomoskovsk of the Tula Region and production expansion at the plant in Saint Petersburg. This news is reported in the statement of the company. ‘The company will invest over RUB 3 bln (over $50 mln) in construction of a new distribution center in Novomoskovsk of the Tula Region as well as in modernization and expansion of production lines at the Gillette plant in Saint Petersburg’, the company informed.

24 May 2018
TASS

The maker of Tide detergent and Gillette razors plans to invest around $50 million in its two plants in 2018, Sotirios Marinidis, P&G’s head for Eastern Europe and Central Asia, said. “We are committed to the market, we are committed to the Russian consumers. Until today we have invested roughly $800 million and counting,” Marinidis told Reuters.

24 May 2018
Reuters

On Tuesday Duracell batteries manufacturer and Megapolisresurs (Chelyabinsk), plant processing industrial waste, launched a modernized line for processing batteries, the Interfax correspondent reported from the launch ceremony.

05 December 2017
Interfax

Procter & Gamble (P&G) has decided to invest 5 billion rubles in the development of its own plant in Novomoskovsk, the Tula region. This decision was recorded in the agreement signed on June 1 at the St. Petersburg International Economic Forum (SPIEF-2017) between P&G and the region's Governor Alexey Dyumin.

02 June 2017
lenta.ru

Procter & Gamble (P&G) will earmark over 5 billion rubles into their new investment projects at their plant in Novomoskovsk, the Tula region, as reported the press office of the regional government. At this plant, the Company produces detergents Ariel, Tide, Mif, Pampers diapers, etc. Investments will be directed to the opening of new diaper and liquid detergent production lines, as well as the creation of new high-tech treatment facilities and the modernization of the plant’s infrastructure.

26 April 2017
Interfax

Procter&Gamble (P&G) announced its investment project on the update of the Gillette plant in Saint Petersburg amounting to 1 bln rubles till 2017.

"The Russian market is really important for us and will continue developing so that the P&G brands could serve this and future generations of the Russian people”, the press office quoted Gary Coombe, the European President of P&G.

16 June 2016
TASS

The US Procter & Gamble (P&G) has launched a $20m worth diaper production line at its Novomoskovsk-based facility. From the Tula region, diapers will be channeled not only to the Russian, but also to European markets, Procter & Gamble’s Vice President for Eastern Europe and Central Asia Sotos Marinidis announced at the line opening ceremony.

“Some 20% of the output will be exported, with destinations including the CIS, Middle Eastern and European countries,” Marinidis said.

The new diaper operation became the sixth production line at the Novomoskovsk plant. Over its ten-year history, the plant has invested upwards of $120m in production development. Depending on the product, localization ranges 30 to 60% at the Novomoskovsk plant, running, among other things, on materials supplied by local Tula manufacturers. The remaining proportion is imported.

“P&G is one of the 200 foreign companies that were among the first investors in the Tula region. With a variety of plans, the company proposes to further develop its Novomoskovsk facility,” head of the Tula Region Development Corporation Denis Tikhonov said at the opening ceremony.

29 September 2015
TASSRU
Investor
607.1 mln
Moscow, Sankt-Peterburg, Rostov, Nizhny Novgorod, Tula Region

Investor profile

Procter&Gamble

USA

Company's website: https://www.pg.com

T: 1-513-983-1100

Public company

Contact: A.G. Lafley, Chairman of the Board, President and General Director

The Procter&Gamble Company is one of the world’s leading manufacturers of a variety of consumer products. Procter & Gamble Co. owns dozens of world brands: Fairy, Tide, Ariel, Mif, Lenor, Pampers, Comet, Fairy Oxi, Mr. Proper, Always, Alldays, Tampax, Discreet, Naturella, Head & Shoulders, Pantene, Shamtu, Herbal Essense, Max Factor, Wella, Londa, Camay, Safeguard, Secret, Old Spice, Olay, Blend-a-Med, Oral-B, Gillette, Venus, Duracell, Braun etc.